Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$549,063$486,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$3,634.78$3,364.97
2nd payment$0.00$0.00
Taxes / mo$450.00$450.00
Insurance / mo$166.67$166.67
MI / mo$255.28$97.20
HOA / mo$400.00$400.00
Total monthly$4,906.73$4,478.83
Cash to close$0$54,000